Asset Sales in Bankruptcy: An Important Decision by Patterson Belknap Webb & Tyler LLP on 5/1/2012 U.S. bankruptcy law permits debtors-in-possession and trustees to sell assets free and clear of claims, liens and other interests. But a federal judge in New York ruled recently that a purchaser does not necessarily buy free...more
Is There A Constitutional Right To Punitive Damages? by Dechert LLP on 4/30/2012 We recently came across a post on a Bricker & Eckler blog, about a recent Ohio Supreme Court case, Havel v. Villa St. Joseph, 963 N.E.2d 1270 (Ohio 2012), upholding the constitutionality of an Ohio statute imposing mandatory...more
Who Needs TwIqbal? by Dechert LLP on 4/27/2012 Don’t misunderstand us. TwIqbal’s great. It’s left a lot of badly pleaded carnage in its wake over the last five years. But at times it makes sense to mix things up, to give the bench players a chance. Take standing for...more
Pain Pump Plaintiff’s Promotion-Based Punitives Precluded by Dechert LLP on 4/13/2012 It’s déjà vu all over again. Taking a rather tattered page from the Bone Screw plaintiffs’ spectacularly unsuccessful playbook of a decade ago, at least some plaintiffs in the every-man-for-himself Pain Pump litigation are...more
Tobacco Companies Get Smoked in Court by Lawyers.com on 4/3/2012 Big tobacco companies are exposed to billions of dollars in damages in Florida smokers’ lawsuits now that the they’ve lost their attempt to overturn multi-million dollar verdicts when the U.S. Supreme Court decided not to...more
Kurns - Anything In It For Us? by Dechert LLP on 3/16/2012 A couple of weeks ago – yeah, that’s right, on February 29 – the Supreme Court issued a ruling preempting asbestos product liability claims in Kurns v. Railroad Friction Products Corp., 2012 WL 631857, slip op. (U.S. Feb. 29,...more
More Inspiration from the Courts on Commercial Speech by Dechert LLP on 3/9/2012 When most of us think of the First Amendment, commercial speech is probably not what springs to mind. A business talking about its products doesn’t fit our classic perception of free speech. It will never equal the “I Have...more
In re Thorpe Insulation Company: The Non-Settling Insurers Strike Back by Cadwalader, Wickersham & Taft LLP on 3/1/2012 On January 24, 2012, Judge Ronald M. Gould of the U.S. Court of Appeals for the Ninth Circuit held that an appeal filed by certain insurance companies with respect to a plan confirmation order was not moot and that such...more
Par Pharmaceutical vs USA - Off-Label Promotion and the First Amendment by Michael Walsh on 2/13/2012 Par filed suit seeking a judgment declaring FDA’s regulations unconstitutional and preventing FDA from deeming lawful First Amendment protected speech as evidence of criminal intent. In response, FDA is seeking early...more
CAFA - Not With Standing? by Dechert LLP on 2/9/2012 We were just reading an interesting, relatively new, decision from our home Circuit, Reilly v. Ceridian Corp., 664 F.3d 38 (3d Cir. 2011), and our reaction to it wasn’t quite what most readers would expect. ...more
Arkansas Supreme Court Strikes Down “Tort Reform” Law by Lawyers.com on 1/30/2012 The Arkansas Supreme Court put the state’s legislature in its place with its decision in a recent medical malpractice case. On Jan 19, the state’s highest court struck down provisions of the controversial 2003 Civil Justice...more
Retroactive Application of Florida's Asbestos and Silica Act Held Unconstitutional by Sedgwick LLP on 1/3/2012 In a 5-2 decision released Friday, July 8, the Florida Supreme Court held that the retroactive application of the 2005 Asbestos and Silica Compensation Fairness Act (Act) is unconstitutional because it divested the named...more
Fruit Juice MDL Court Dismisses Claims by Dechert LLP on 12/30/2011 The Massachusetts federal court overseeing multidistrict litigation against 11 beverage companies, including Coca-Cola Co. and Del Monte Corp., alleging that their fruit juices contained trace amounts of lead, dismissed the...more
Appeals Court Rejects Personal Jurisdiction Over Foreign Manufacturer by Dechert LLP on 12/6/2011 As we have noted for reader, lower courts continue to work to interpret and apply the Supreme Court's decision in J. McIntyre Machinery Ltd. v. Nicastro. Earlier this week, a California appeals court found that the lower...more
FDA Takes It On The Chin Again In First Amendment Case by Dechert LLP on 11/8/2011 This opinion involves cigarette warnings, so we have to be careful, since Dechert represents tobacco companies. We recommend that our readers interested in First Amendment issues take a look at R.J. Reynolds Tobacco Co. v....more